regulatory
confidence high
sentiment negative
materiality 0.65
CytomX receives Nasdaq delisting notice for bid price non-compliance
CytomX Therapeutics, Inc.
- Nasdaq notified CytomX on Feb 24, 2025 that common stock bid price stayed below $1.00 for 30 consecutive business days through Feb 21, 2025.
- Company has 180 calendar days, until August 25, 2025, to regain compliance by closing at $1.00 for 10 consecutive business days.
- If not cured by the deadline, CytomX may transfer to Nasdaq Capital Market for an additional 180-day compliance period.
- Company will monitor bid price and consider options, but there is no assurance of regaining compliance.